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Reuters reports Fortescue’s Forrest says Australia must commit to carbon cuts to keep green energy advantage

Australia risks losing its advantage in the green energy revolution if its leaders don’t promptly commit to cutting carbon emissions by 2050, the country’s richest man, Fortescue Metals Group founder Andrew Forrest told Reuters in an exclusive interview. Fortescue aims to build a 250 megawatt hydrogen electrolyser at Bell Bay in Tasmania – 25 times […]
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Reuters first to report Evergrande’s $1.7 bln Hong Kong HQ sale flops; CEO in Hong Kong for restructuring, asset sale talks

Reuters was first to report that Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group’s Hong Kong headquarters building over worries about the developer’s dire financial situation. The collapse of the talks for the landmark building’s sale is another setback for cash-strapped Evergrande which has been […]
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